Tennessee charges a realty transfer tax when the deed is recorded: 37 cents for each $100 of the price paid or the property’s value, whichever is greater. The buyer is responsible for the tax under state law, and the County Register of Deeds collects it for the state. Some transfers are exempt, including certain transfers between spouses, divorce settlements, executor’s deeds carrying out a will, and transfers into or out of a revocable living trust. Ask the title company to confirm the taxable amount and any exemption for your transfer. When you sell to us, we pay the closing costs, including Tennessee’s realty transfer tax. Your mortgage, liens, back taxes, and share of current property taxes are separate.